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Platinumone Business Services Limited IPO (Platinumone Business Services IPO) Detail

Sep 2, 2021 - Sep 7, 2021

PlatinumOne Business Services Limited provides customer acquisition-specific Business Process Management Services (BPMS) services to mid-size and large corporates. The company offers its services in several industries including FMCG, Real Estate, Furniture, Insurance, Consumer Durables, etc. Process offerings include Lead Conversion, Customer Care, Channel Management, Lead Generation and Loyalty Program which are delivered through their Call Centres.

The company has a registered office in Maharashtra and has branches in Delhi & Kolkata as well. Clients include the likes of Godrej Properties, Godrej Interio, Edelweiss Tokio Life, Tally, Lodha Group, Hafele, Reliance Nippon, Capital foods.

Competitive strengths

  • Strict adherence to quality standards.
  • Focus on quality service.
  • Experienced Management Team.
  • Innovative process solutions.
  • Skilled IT team, Excellent Infrastructure, and highest quality of Technology.
  • Safe & friendly working environment for employees.

Company Financials

Summary of financial Information (Restated Standalone)
Particulars For the year/period ended (₹ in Lakhs)
31-Mar-21 31-Mar-20 31-Mar-19
Total Assets 1,399.13 1,409.06 1,154.90
Total Revenue 2,020.80 2,618.00 1,839.24
Profit After Tax 107.55 204.32 175.66

Objects of the Issue

The net proceed from the IPO will be utilized towards the following purposes;

  • Funding the working capital requirements of our Company
  • General Corporate purpose.

Platinumone Business Services IPO Details

Platinumone Business Services IPO Date Sep 2, 2021 to Sep 7, 2021
Platinumone Business Services IPO Face Value ₹10 per share
Platinumone Business Services IPO Price ₹92 per share
Platinumone Business Services IPO Lot Size 1200 Shares
Issue Size422,400 shares of ₹10
(aggregating up to ₹3.89 Cr)
Fresh Issue422,400 shares of ₹10
(aggregating up to ₹3.89 Cr)
Issue Type Fixed Price Issue IPO
Listing At BSE SME
Company Promoters

Platinum Power Wealth Advisors Private Limited, Mr. Amey Narendra Saxena, Mr. Ratul Lahiri, and Mr. Vivek Yogendra Kumar are the company promoters.

Platinumone Business Services IPO Timeline (Tentative Timetable)

Platinumone Business Services IPO opens on Sep 2, 2021, and closes on Sep 7, 2021. The Platinumone Business Services IPO bid date is from Sep 2, 2021 10.00 A.M. to Sep 7, 2021 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 5 PM on the issue closing day.

Event Date
Platinumone Business Services IPO Opening Date Sep 2, 2021
Platinumone Business Services IPO Closing Date Sep 7, 2021
Basis of Allotment Sep 13, 2021
Initiation of Refunds Sep 14, 2021
Credit of Shares to Demat Sep 15, 2021
Platinumone Business Services IPO Listing Date Sep 16, 2021

Platinumone Business Services IPO Lot Size

The Platinumone Business Services IPO lot size is 1200 shares. A retail-individual investor can apply for up to 1 lots (1200 shares or ₹110,400).

Application Lots Shares Amount
Retail (Min) 1 1200 ₹110,400
Retail (Max) 1 1200 ₹110,400

Platinumone Business Services IPO Promoter Holding

Pre Issue Share Holding 100%
Post Issue Share Holding 73.31%

Platinumone Business Services IPO Review

Though the issue appears lucratively priced based on super earnings, its small equity base post IPO indicates a longer duration for migration to the main board. The company operates in a highly competitive segment with many players. The sustainability of its superb performance raises concerns. Risk seeker/cash surplus investors may consider investment for the long term, others can ignore it. Read detail review...


Platinumone Business Services IPO Subscription Status (Bidding Detail)

The Platinumone Business Services IPO is subscribed 2.99 times on Sep 7, 2021 5:54:00 AM. The public issue subscribed 2.65 times in the retail category, times in the QIB category, and 3.34 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)
NII3.34
Retail2.65
Total2.99

Platinumone Business Services IPO Prospectus

Platinumone Business Services IPO Rating

66
3.7
Rating:Rated 3.7 stars
Vote Here ...

Platinumone Business Services IPO Listing Date

Listing Date Thursday, September 16, 2021
BSE Script Code 543352
NSE Symbol
Listing In MT Group of Securities
ISIN INE0DTJ01015
IPO Price ₹92 per share
Face Value ₹10 per share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
BSE SME
₹92.00
₹99.95
₹99.95
₹104.90
₹104.90

Company Contact Information

Platinumone Business Services Limited
Unit No. 0907 & 0908, Lodha Supremus II
Plot No. F-4 & F-4/1, Rd No.22
Wagle Estate, Thane - 400604
Phone: +91 – 9152018640
Email: info@platinumone.co.in
Website: http://www.platinumone.in/

Platinumone Business Services IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com

Platinumone Business Services IPO Review

Platinumone Business Services IPO Recommendation Summary

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Members 0 0 0

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Platinumone Business Services IPO FAQs

Platinumone Business Services IPO is a SME IPO of 422,400 equity shares of the face value of ₹10 aggregating up to ₹3.89 Crores. The issue is priced at ₹92 per share. The minimum order quantity is 1200 Shares.

The IPO opens on Sep 2, 2021, and closes on Sep 7, 2021.

Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Zerodha customers can apply online in Platinumone Business Services IPO using UPI as a payment gateway. Zerodha customers can apply in Platinumone Business Services IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in Platinumone Business Services IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'Platinumone Business Services IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. ‘Submit’ IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The Platinumone Business Services IPO opens on Sep 2, 2021 and closes on Sep 7, 2021.

Platinumone Business Services IPO lot size is 1200 Shares and the minimum order quantity is .

You can apply in Platinumone Business Services IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Platinumone Business Services IPO will be done on Sep 13, 2021, and the allotted shares will be credited to your demat account by Sep 15, 2021. Check the Platinumone Business Services IPO allotment status.

The Platinumone Business Services IPO listing date is on Thursday, September 16, 2021.
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Platinumone Business Services IPO Message Board

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13 Comments

9. Aniketiaf |   Link |Sep 24, 2021 3:40:15 PM
IPO Guru IPO Guru (1800+ Posts, 10200+ Likes)
Finally sold @ 116
9.1. G J |   Link |Sep 30, 2021 4:02:31 PM
IPO Mentor IPO Mentor (900+ Posts, 300+ Likes)
What is the Symbol for this one in Zerodha/Kite?
8. G J |   Link |Sep 29, 2021 3:54:29 PM
IPO Mentor IPO Mentor (900+ Posts, 300+ Likes)
What is the Symbol for this one in Zerodha/Kite?
7. traderyn |   Link |Sep 21, 2021 2:32:00 PM
Top Contributor Top Contributor (300+ Posts, 200+ Likes)
Sebi need to reduce size it will help company and retailers both.
6. Aniketiaf |   Link |Sep 17, 2021 1:43:41 PM
IPO Guru IPO Guru (1800+ Posts, 10200+ Likes)
No messages since long at this forum.

Am I the only person who enjoying the ride ???

Today again at upper circuit.

I think, Platinumone Limited, and BEW Eng have returned some charm at SME counter.
I wish, it will be continued through Prevest and Markoline also.

Thanks
5. Jaipur investor of IPOs |   Link |Sep 2, 2021 4:25:55 PM
IPO Guru IPO Guru (1600+ Posts, 900+ Likes)
May be Apply with FF
5.1. Small Investor |   Link |Sep 16, 2021 10:42:32 AM
IPO Guru IPO Guru (1600+ Posts, 900+ Likes)
EKI
KSOLVES
DU DIG
BEW
NOW PLATINUMORE AND NEXT IS
MARKOLINES

4. MintIndian |   Link |Sep 13, 2021 10:06:41 PM
Anyone got allotment? Its out on the site.
4.1. Mudit |   Link |Sep 14, 2021 10:53:37 AM
Yes, 2 Lot Allotted.
3. traderyn |   Link |Sep 11, 2021 12:52:10 AM
Top Contributor Top Contributor (300+ Posts, 200+ Likes)
SME
2. The Dire Wolf |   Link |Sep 4, 2021 4:01:13 PM
Possible listing seems between 640-875,
800 or more will be a very good listing price.

But if someone holds for long term price may cross 1050 by December.
just wait for PLI scheme for API manufacturers.
2.1. The Dire Wolf |   Link |Sep 4, 2021 4:07:08 PM
lol i dont know how this post came, i posted this on "Ami Organics"
1. SONAMsumit |   Link |Aug 27, 2021 6:28:21 AM
buy eki share ..eki energy